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Provided that if the investment made under this notification is withdrawn before the expiry of ten years and is not reinvested as mentioned above, the duty which is equal to the amount so withdrawn and not so reinvested, shall be paid by the manufacturer on the date on which the investment is withdrawn
In exercise of the powers conferred by sub-rule (2) of rule 3 of the Central Excise Rules, 2002, the Central Board of Excise and Customs hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) number 14/2002-Central Excise (N.T.), dated the 8th March, 2002
As you are aware, the provisions of Section 4A do no apply to the readymade garments, as they have not been notified under that section. But under notification No. 20/2001-C.E. (N.T.) dated 30.4.2001, tariff value (at the rate of 60% of the retail sale price declared or required to be declared) was fixed on readymade garments and other articles of apparel. Vide Board’s letter F. No. B.3/4/2003, dated 01.04.2003, it was clarified that for valuation, the provision of section 4
In exercise of the powers conferred by clauses (i) and (ii) of section 133 of the Finance Act, 2002 (20 of 2002), the Central Government hereby amends the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 58/2003-CENTRAL EXCISE (N.T.), dated the 22nd July, 2003
In the said notification, in paragraph 2, for the figures, letters and words “15th day of August, 2003”, the figures, letters and words “15th day of October, 2003” shall be substituted.
I am directed to refer to Board’ Circulars No. 426/59/98-CX dated 12th October 1998 and No. 445/11/99 dated 17th March 1999 on above mentioned subject read with para 10 of part I of Chapter 7 and para 6 of part I of Chapter 8 of Central Excise Manual issued on 1.9.2001. Under the aforesaid instructions, the facility of self- certification and self- sealing of export goods was granted to specified categories of manufacturer-exporters based on certain criteria
The principal notification No.8/2003-Central Excise, dated the 1st March, 2003 was published in the Gazette of India vide number G.S.R. 138 (E), dated the 1st March, 2003 and was last amended vide notification No. 30/2003-Central Excise, dated the 1st April, 2003 number G.S.R. 289 (E), dated the 1st April, 2003
For the purposes of this notification, an “independent twister” means a person engaged only in twisting filament yarns but does not include the person who undertakes himself or has proprietary interest in any factory undertaking any other process such as spinning, doubling, weaving, processing of yarn or fabric.
I am directed to state that doubts have arisen in field formations regarding determination of the aggregate value of clearances of all excisable goods for home consumption in the preceding financial year 2002-2003 to decide the eligibility for availing the benefit of excise duty exemption under Notification No.8/2003-Central Excise, and Notification No..9/2003-Central Excise both dated 1st March, 2003 for the financial year 2003-04
In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), read with sub-section (3) of section 3 of the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957) and sub-section (3) of section 3 of the Additional Duties of Excise (Textile and Textile Articles) Act, 1978 (40 of 1978), the Central Government.
